Heartland Payments announced today that they’ve selected Acculynk for Internet PIN debit processing. Another notch in the gun for a solution that has been highly successful selling their product to most of the major EFT networks and has now apparently set their sites on the acquiring community. From a foundational basis, these are all the right moves, but we’re left wondering how the product is actually performing in the market.
Acculynk said that the PaySecure solution will be available to existing and prospective Heartland merchants in the second quarter of 2011.
Online PIN debit can be a great strategy if consumers not only adopt it, but prefer to use it over other available forms of payment. We’re not sure of that yet, but trust that soon, Acculynk will begin to talk about their transactional success and shift their momentum from implementation to usage.